Clarification

September 27, 1999 18:00 IST, 1999

Infosys Technologies Limited (NASDAQ: INFY) has noticed a report in the press claiming that the Company is expected to consider a five-for-one share split at the ensuing Board meeting scheduled on October 08, 1999. "At this point of time, no such corporate action is contemplated in the ensuing Board Meeting" said Mr. S. Gopalakrishnan, Deputy Managing Director while clarifying that the information in the report was unfounded.